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Hedge Fund Bets on Ferrari Financing

Bloomberg Markets •
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Fasanara Capital is launching a specialized financing platform for vintage, racing, and classic Ferrari cars, representing the latest move by private credit lenders into exotic alternative assets. The London-based hedge fund has partnered with Mattioli Automotive Group and Enzo Mattioli Ferrari to provide financing and selectively buy, restore, and resell rare vehicles. Ferrari itself is not involved in the venture.

The lending vehicle has been seeded with $75 million in initial capital, with plans to raise approximately $500 million over two years. Fasanara's partners will source opportunities and provide car expertise, while the hedge fund handles underwriting, structuring, and legal work. This initiative follows successful financings of two Ferraris last year—a Ferrari Enzo and F50—sold through RM Sotheby's.

The new platform joins Fasanara's network of nearly 200 multistrategy pods managing about $5.7 billion. This lending pod operates under the F-One multistrategy hedge fund that started in 2025 with $410 million in assets. The move reflects broader trends as private credit firms face increasing competition and diversify into assets backed by everything from fine wine to music royalties.